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By Adriano MarcheseFTAI Aviation has agreed to acquire 27 Boeing 737-700 planes from Canadian airline WestJet as the carrier begins retiring its older narrowbody fleet.Under the terms of the sale-leaseback deal, FTAI's Strategic Capital business purchases 17 of the aircraft and leases them back to…
The company said its 2026 SPV bought 17 aircraft on lease to WestJet in a sale-leaseback and 10 off-lease aircraft for its Aerospace Products business.
FTAI Aviation acquired 27 Boeing 737-700 aircraft from WestJet, including a sale-leaseback of 17 on-lease jets into its 2026 SPV and 10 off-lease aircraft to support its Aerospace Products business.Material DetailsContext by AI AnalystThis extends FTAI’s strategy of pairing aircraft ownership with…